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Peak oil

176 bytes added, 14:50, August 1, 2009
useful link
==Maybe not "Fossil Fuel"==
Thomas Gold at [[Cornell University]], assert that the sources of oil may not be “fossil fuels” in limited supply, but instead [[Abiotic oil|abiotic]] in nature (meaning not produced by a life process). According to Professor Gold, oil is produced by an abiogenic process, deep within the earth. The scientific community has not been eager to affirm this thesis. In fact, they tend to resist it. In 1992 Gold published a paper titled “The Deep Hot Biosphere”, later expanded into a 1999 book of the same name. In this paper he suggested that oil is non-biologically produced, deep within the earth. In other words, oil is not a fossil fuel. The Department of Energy refused to fund his research although both outcomes would have been good - If the research uncovered sources of oil that did not take millions of years to produce, it would be a bonanza for oil companies. If abiogenic petroleum sources are found to be abundant, it would mean Earth contains vast reserves of untapped petroleum. On the other hand, if his research failed, this research proposal will contribute strongly to fundamental science in petroleum engineering. So far, the DOE has refused to fund any of his research because it is counter to the mainstream effort.<ref>J. R. Nyquist [http://www.financialsense.com/stormwatch/geo/pastanalysis/2006/0508.html Debunking Peak Oil] May 8, 2006 [[Geopolitical]].</ref>
 
==External links==
* [http://peakoildebunked.blogspot.com/ Peak Oil Debunked blog] - Debunking peak oil hype with facts and figures, and exposing the agendas behind peak oil.
==Notes==
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